Dear RBAP Member, For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular No. 799: Rate of interest in the absence of stipulation. The said circular is also posted in the BSP Website View/Download BSP Circular No. 799
Our kababayans are beginning to understand and adopt the concept of insurance, as the Department of Finance (DOF) recently said that the number of Filipinos who own microinsurance policies have more than doubled as of end-2012 compared to 2010 figures. As of end of last year, the DOF said that there were 12.9 million Filipinos …
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